EUR/USD To Proceed Long Above 1.11703 And 1.12036
Forex Watchers | Aug 31, 2015 02:25AM ET
Good morning. Hope all is well! Looking forward to a good week. We have had a downside on our forecast for Friday with only 28% accuracy. This was due to US dollar gaining a little steam instead of weakening. The two Oceanic pairs are on our radar for today due to the fundamentals. Could be looking at a sidelined greenback while Japanese yen could strengthen. Adding three hedged pairs to offset the risk. Happy trading!h3 Forecasts Outlook/h3
- US Dollar: Mixed Sentiments
- Today we're expecting the EUR/USD to proceed long above the barrier levels of 1.11703 and 1.12036.
- ANZ Business Confidence
- Building Approvals m/m
- Cash Rate– RBA Rate Statement
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